Beneficiary/trustee of the IRA trust with more than one beneficiary??????
For a IRA Trust for non-eligible designated beneficiaries with a number of beneficiaries Is there any problem with one of the beneficiaries also being the only trustee. I am aware that a single beneficiary should not be the trustee of his own trust. But the fact that there are other beneficiaries who are not trustees create enough control to make this type of trust a Workable trust.
Submitted by Norman Cook on Wed, 2022-01-19 01:16